Johnson v. Maker Ecosystem Growth Holdings, Inc. et al

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Case Number:

3:20-cv-02569

See also:

Court:

California Northern

Nature of Suit:

Other Fraud

Multi Party Litigation:

Class Action

Judge:

Maxine M. Chesney

Firms

  1. June 22, 2023

    Crypto Cos. Ink $1.16M Deal Ending 'Black Thursday' Suit

    A pair of cryptocurrency companies and a proposed class of users asked a California federal judge on Thursday to give the first green light to a $1.16 million settlement they reached over an alleged digital asset liquidation triggered by the so-called Black Thursday crypto market crash of March 2020.

  2. February 23, 2023

    Crypto Cos. Beat $8M 'Black Thursday' Losses Suit, For Now

    A federal judge in San Francisco has tossed a blockchain platform user's $8 million proposed class action against a pair of cryptocurrency companies over an alleged digital asset liquidation triggered by the so-called Black Thursday crypto market crash of March 2020, finding that the user didn't include adequate detail in his claims of misrepresentation by the companies.

  3. November 02, 2022

    Crypto Cos. Want User's $8M 'Black Thursday' Suit Nixed

    A pair of cryptocurrency companies have asked a San Francisco federal judge to throw out a proposed class action brought by a user of their blockchain platform, arguing that its users were "repeatedly and expressly" warned about the novel technology's inherent risks before they allegedly lost over $8 million worth of digital assets during a 2020 "mass liquidation" of holdings on the platform.

  4. April 15, 2020

    Cryptocurrency Group Hit With Lawsuit Over $8M In Losses

    Cryptocurrency group The Maker Foundation and its affiliated companies were hit with a proposed class action in California federal court from investors alleging that they suffered more than $8 million in losses because of a system failure and were misled on the platform's security.